Anworth: 4Q Earnings Snapshot
Anworth: 4Q Earnings Snapshot
SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Thursday reported a fourth-quarter loss of $35.9 million, after reporting a profit in the same period a year earlier.
The Santa Monica, California-based company said it had a loss of 39 cents per share. Earnings, adjusted for non-recurring costs, came to 11 cents per share.
For the year, the company reported a loss of $6.5 million, or 16 cents per share, swinging to a loss in the period. Revenue was reported as $7 million.
In the final minutes of trading on Thursday, the company's shares hit $4.49. A year ago, they were trading at $4.79.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANH at https://www.zacks.com/ap/ANH